Jeff Snider



Aug 3, 2018
In just the “recovery” portion, there hasn’t been enough growth to keep up with bare minimum population. It’s not as if we are undergoing a second baby boom, either, even population expansion is itself at a low. Low standards all around.


Jul 17, 2018
One big piece of any PMI is prices. Rising prices both paid and received are usually taken as a sign of better fortunes ahead, an impression left on us by decades of orthodox Economics. This may be true under certain circumstances such as during a recovery.


Jun 25, 2018
Revisiting China and ‘Devaluation’ as China Revisits ‘Devaluation’


May 14, 2018
To the media, Jerome Powell’s Fed might be saying it is now thinking about the risks of an overheating economy.


Mar 28, 2018
At the end of last month, the Brookings Institute hosted a conversation where one of their most distinguished current scholars introduced and interviewed one of their newest. The former was former Federal Reserve Chairman Ben Bernanke welcoming the latter, former Federal...


Mar 23, 2018
But if Powell is angry about being unable to answer for six years of undershooting inflation, of the few times he was happy it was in talking about the current state of the economy. According to this key policymaker, things are really going well. Really well.


Feb 26, 2018
We have ample enough evidence for the efficacy, or inefficacy really, of tax cuts as fiscal stimulus. They have been deployed numerous times all over the world the last ten years, and the results have been nearly identical in all.


Jan 8, 2018
Payrolls should have expanded by at least 3.5 million last year, if not 3.75 million, to be healthy. Instead, we got only 2 million new jobs.

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